Forex RSI With Trend Manager Strategy Indicator MT4

Forex RSI With Trend Manager Strategy Indicator MT4

Course Detail

Salepage: Forex RSI With Trend Manager Strategy Indicator MT4

Merchandise Description
A slow trend-momentum trading system is the RSI with Trend Manager Strategy.
The time periods of 15M, 30M, 1H, and 4H are ideal for this method. any pair of currencies.

The regulations are simple and uncomplicated.

Blue lines beneath the candles and blue bars on the indicator for the separated window are buy signals.
A blue line and a blue bar indicate an upward trend, which is the present trend. Open an order to buy.
Stop loss can be a set amount, such as 50 pip for a 1 hour chart and 75 pip for a 4 hour chart.
Support and resistance levels can also serve as a basis for stop loss.

RED LINES BELOW THE CANDLES AND RED BARS IN THE SEPARATED WINDOW INDICATOR REPRESENT A SELL SIGNAL.

Targets may be determined by:
A fixed number of 1 is used for each deal. 65 pip for the 1H chart and 95 pip for the 4H chart, for instance.
2 – Contrary signal. For instance, if the trade that is now open is a sell trade, terminate it when you receive a buy signal.
3 – Additional tools include pivot points, Fibonacci levels, and support and resistance levels.

This trading method is not the perfect one, just like any other trading system. You will thus engage in losing deals.

There are numerous methods you can employ to protect your account.
Use a moving (trailing) stop loss.
2. Always practice sound money management
Never trade with a stop loss that is more than your aim, for instance. Never trade while significant economic news is announced. Never engage in trading with’scary/crazy’ lot sizes!

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